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Paramount Lawyer Expects The Company To Close WBD Merger On Time Despite Lawsuits; Supreme Court Appeal In Play
Despite Monday’s antitrust lawsuit by the attorneys general of California, New York and 10 other states, Paramount lawyer Jeffrey Kessler says the Warner Bros. Discovery merger can still close on time. “The plan is still to close this quarter before the end of September,” the company’s lead trial counsel told CNBC host David Faber. The…
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Tennessee Is Courting Paramount — And the Studio Is Considering It (Exclusive)
Paramount CEO David Ellison and his family have deep ties to the Volunteer State and the mogul is now in a legal battle with California.
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Judge sets Friday hearing on states’ bid to pause Paramount merger
A federal judge has scheduled a Friday hearing on an emergency request from 12 state attorneys general to temporarily stop Paramount’s proposed merger with Warner Bros. Discovery. The states want a temporary restraining order while their antitrust lawsuit continues, making the hearing an early test of whether the deal can stay on its current timetable.…
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Hollywood still has time to avoid the gaming industry’s disastrous consolidation endgame
It’s already bad times in movies & TV, but blocking the Paramount and Warner Bros. merger would stop another disaster in the making.
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How Strong Is the Democratic State AGs’ Lawsuit Aiming to Block Paramount’s Warner Bros. Takeover?
A group of 12 Democratic state attorneys general is suing to block Paramount Skydance’s merger with Warner Bros. Discovery — arguing the transaction violates antitrust law by giving the combined company undue power in three markets: wide-release theatrical distribution, tentpole movies and basic cable TV. Paramount says the suit “distorts settled antitrust law” and that the…
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Not a Done Deal: How and Why 12 Blue States are Fighting the Paramount-Warner Bros. Merger
Are blockbuster films a separate market? Or are they interchangeable with other forms of entertainment? The $111 billion Paramount-Warner Bros. merger may hang on that question. On July 13, a coalition of 12 states sued to block the deal, arguing that it will lead to excessive concentration in the theatrical and basic cable markets. The…
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Writers Guild sues to stop Paramount-Skydance Warner Bros takeover
The Writers Guild of America West and East have sued to stop Paramount Skydance’s proposed $111 billion takeover of Warner Bros. Discovery, arguing that the merger would breach US antitrust law and leave writers worse off. The unions say combining two major entertainment groups would reduce competition for film and television writing work, leading to…
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‘Love Island USA’ Contestant Jen Terry Signs With Motive (Exclusive)
The season 8 Casa Amor Islander is looking to the LA-based talent management company to get her beyond the Peacock reality series to new TV opportunities.
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Apple opens its new Siri AI to everyone with the iOS 27 public beta
If you’ve been waiting to try Apple’s revamped Siri without installing a developer beta, you now can. The company on Tuesday released the iOS 27 public beta, giving iPhone owners early access to its AI-powered assistant and other new features before the software’s official launch this fall.